Ether

Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.


Markets

Ether Jumps 10% to $3.4K After Bloomberg Ups Odds of Spot ETF Approval

Markets previously had mostly priced in SEC rejections of the proposed funds beginning this week.

(gopixa)

Markets

First Mover Americas: BTC, ETH Little Changed Ahead of Ether ETF Decision

The latest price moves in crypto markets in context for May 20, 2024.

BTC price, FMA May 20 2024 (CoinDesk)

Markets

Ether, Bitcoin Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings Loom

The market has priced in a rejection for the first set of Ethereum ETFs, but there are reasons to be optimistic about an approval next year, says one fund manager.

(CoinDesk Indices)

Videos

Staking Has Been a Major Liquidity Sink for ETH: Coinbase Institutional

A new research report from Coinbase Institutional reveals that staking has been a major liquidity sink for ether (ETH). Analysts note that the 3 month circulating supply of ETH has not meaningfully increased, despite the surge in price since Q4 of last year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Markets

Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains

Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around.

Bitcoin and other assets rose on Tuesday. (Unsplash)

Markets

First Mover Americas: Bitcoin Regains $66K Following Bullish ETF Data

The latest price moves in crypto markets in context for May 17, 2024.

BTC price, FMA May 17 2024 (CoinDesk)

Markets

Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline

Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.

Ether's price decline appears to have hit a brick wall. (Pexels/Pixabay)

Markets

Ether Could Surprise to the Upside in the Coming Months, Coinbase Says

The cryptocurrency does not have major supply-side overhangs such as token unlocks or miner sell pressure, the report said.

Ethereum co-founder Vitalik Buterin. (CoinDesk)

Markets

First Mover Americas: Bitcoin Tops $66K as Interest-Rate Cuts Loom

The latest price moves in crypto markets in context for May 16, 2024.

BTC price, FMA May 16 2024 (CoinDesk)

Markets

Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here's Why

"Ether is a 'lightning rod' for negative sentiment from crypto native and external players and has several weak spots," one observer said.

ETH/BTC hits a three-year low. (TradingView/CoinDesk)